The Nifty index shows signs of a strong recovery after a long losing streak, supported by low sell volumes and oversold conditions. Market expectations are bullish with crucial resistance levels around 22,500, while Nifty Bank outperforms, indicating readiness to break its downward trend.
Fresh loan spreads widen in May as banks look to save on margins
In May 2025, Indian banks increased their fresh loan spreads, reflecting a focus on margin protection amidst RBI rate cuts. Private sector banks saw a